Definedge raises ₹22 crore Pre-Series A to expand its trading platforms
The round takes total funding to ₹30 crore, with returning and new investors backing product and infrastructure development.
Funding the next trading-product roadmap
Definedge announced ₹22 crore in pre-Series A funding on September 22, bringing its total raised to ₹30 crore. Nitin Agarwal and D. Prasad returned, joined by Anant Jain and Sachin Kasera.
The capital will support low-latency trading infrastructure and expansion of Zone and Opstra. Definedge also plans to develop Algostra for no-code retail algorithmic trading and Momentify for systematic wealth creation.
Use of funds
Build low-latency trading infrastructure
Scale Zone and Opstra trading products
Develop Algostra as a no-code retail algo-trading platform
Advance Momentify as a wealth-creation platform